Parasol Finance profile
Parasol Finance Profile (PSOL)
Score: 2.02 | Very Poor
Highly Speculative Nano Cap
Project Safety Score

Fri, Jan 21, 2022 6:01 AM

Score 2.02
Rating Very Poor
Market Cap $2541609.3541907
24hr Volume $8841.52475572
Price $0.12102901686622
Review

Parasol Finance

token

Solana

Parasol Finance is the first-ever community governed IDO platform built on Solana with the needs of both projects and investors alike. The key advantage as the ownership of Parasol tokens ($PSOL) gives a right of governance and voting on projects. Our governed platform will be an integral part of bringing new and existing projects and protocols into the Parasol ecosystem with the possibility to invest early. In the process, Parasol and the $PSOL token will become a foundation for enabling further development with partners, its own platform, and the ecosystem as a whole.

Read more in the whitepaper:

Parasol Finance Smart contracts and audits.

Below are the available smart contract addresses and any associated contract audits.

SOL: Hmatmu1ktLbobSvim94mfpZmjL5iiyoM1zidtXJRAdLZ

Parasol Finance Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Parasol Finance Safety Report

Parasol Finance has a safety score of 2.02

Parasol Finance is a nano cap token.

Parasol Finance is suited to a highly speculative investment style.


Parasol Finance Profile

This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating.

Missing Data:
  • project whitepaper
  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges

Parasol Finance Red Flags

There are currently no Parasol Finance red flags.


Parasol Finance Development Score

The Parasol Finance project has 6 active source code repositories.

The most recent commit was Thu, Jan 20, 2022 9:06 PM

  • 2 Watchers
  • 4 Stars
  • 2 Mentionable Users
  • 0 Vulnerabilities
  • 30 commits in the last 28 days.
Highlights:
  • extremely high repo stars
  • daily repo updates
  • no stars
  • no watchers
  • no mentionable users

Parasol Finance Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • The overall sentiment is very positive
  • Low number articles to calculate the sentiment

Parasol Finance Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Parasol Finance?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Parasol Finance has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.

Highlights:
  • no reddit articles
  • very poor hashtag tweets
  • very poor gitHub account watchers

Parasol Finance Awareness Score

The awareness score indicates how well Parasol Finance is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Parasol Finance is but a good measure of longevity is how well the project is known by the general public.

Overall Parasol Finance this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • poor search result total
  • no number of news articles mentioning Parasol Finance
  • no number of headlines about Parasol Finance
  • low number of Parasol Finance YouTube videos

Parasol Finance Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • New project age (released Dec 16, 2021)

Parasol Finance Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • very poor USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Parasol Finance Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Parasol Finance Exchanges
Parasol Finance Explorers
PSOL
Member Ratings (PSOL)

--/5

0 reviews
Ratings and reviews left by our members do not impact the profile score.
No reviews
Be the first to leave a review

No one is talking about Parasol Finance, be the first to start the conversation.

Do you think Parasol Finance is a scam project which will disappear in a rug pull in the next few months or do you think Parasol Finance is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

62.50%

Complete
Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

  • project whitepaper
  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges
Member Signals

--/5

(no reviews)
Member Ratings
Market Cap Rank:
5977
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Parasol Finance Github
Parasol Finance News